EXECUTIVE ORDER NO. 598 - CREATING A COMBINED ECONOMIC REPORTING COMMITTEE

WHEREAS, it is the policy of the government to enhance our international relations with other nations in order to accelerate the growth of our economy; and

WHEREAS, to achieve the above policy it is necessary to create a combined economic reporting committee which shall provide reliable, timely and comprehensive information and assessments relevant to Philippine International Economic Policy divisions and negotiations, with the President’s Center for Special Studies as the coordinating Secretariat and Data Bank.  

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by law, do hereby create a committee known as the Combined Economic Reporting Committee to be composed of the Ministries of Foreign Affairs, Energy, Trade and Finance, with the President’s Center for Special Studies as the coordinating Secretariat and Data Bank.

This Order shall take effect immediately.

Done in the City of Manila, this 10th day of June, in the year of Our Lord, nineteen hundred and eighty.

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Since 19.07.98.